Lincoln Electric Holdings (LECO) Asset Utilization Ratio (2010 - 2026)
Lincoln Electric Holdings' (LECO) quarterly Asset Utilization Ratio came in at 1.16 in Q2 2026, up 4.2% YoY from 1.11 in Q2 2025, and up 2.53% on a QoQ basis from 1.13 in Q1 2026.
Lincoln Electric Holdings (LECO) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Lincoln Electric Holdings (LECO) has 17 years of Asset Utilization Ratio data on file, last reported at 1.16 in Q2 2026.
- Quarterly Asset Utilization Ratio rose 4.2% year-over-year to 1.16 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 1.16 (up 4.2% YoY) and the FY2025 annual result came in at 1.16, up 5.23% from the prior year.
- Asset Utilization Ratio climbed to 1.16 in Q2 2026, from 1.13 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.36 in Q3 2022 to a low of 1.07 in Q4 2024.
- A 5-year average of 1.19 and a median of 1.17 in 2023 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio climbed 12.26% — and 2024, when it declined 10.54%.
- Tracing LECO's Asset Utilization Ratio over 5 years: stood at 1.29 in 2022, then dropped by 8.17% to 1.18 in 2023, then decreased by 9.62% to 1.07 in 2024, then rose by 4.16% to 1.12 in 2025, then increased by 4.2% to 1.16 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.16 (Q2 2026), 1.13 (Q1 2026), and 1.12 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.27 Bn | 18.62 Bn | 635.20 Mn | 0.61 |
| 2 | RBC Bearings | 15.85 Bn | 15.73 Bn | 247.80 Mn | 0.38 |
| 3 | Lincoln Electric Holdings | 15.32 Bn | 15.08 Bn | 449.00 Mn | 1.16 |
| 4 | Stanley Black & Decker | 14.86 Bn | 14.27 Bn | 1.31 Bn | 0.73 |
| 5 | Toro | 9.54 Bn | 9.36 Bn | 482.70 Mn | 1.26 |
| 6 | Timken | 8.73 Bn | 8.33 Bn | 399.30 Mn | 0.69 |
| 7 | Kennametal | 2.31 Bn | 2.21 Bn | 433.56 Mn | 0.80 |
| 8 | Hillman Solutions | 1.63 Bn | 1.60 Bn | 208.09 Mn | 0.68 |
| 9 | Eastern | 152.19 Mn | 137.05 Mn | - | - |
| 10 | Chicago Rivet & Machine | 9.70 Mn | 8.93 Mn | 563,312.00 | 1.16 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.16 |
| Mar 31, 2026 | 1.13 |
| Dec 31, 2025 | 1.12 |
| Sep 30, 2025 | 1.11 |
| Jun 30, 2025 | 1.11 |
| Mar 31, 2025 | 1.13 |
| Dec 31, 2024 | 1.74 |
| Sep 30, 2024 | 1.80 |
| Jun 30, 2024 | 1.21 |
| Mar 31, 2024 | 1.16 |
| Dec 31, 2023 | 1.18 |
| Sep 30, 2023 | 1.22 |
| Jun 30, 2023 | 1.21 |
| Mar 31, 2023 | 1.20 |
| Dec 31, 2022 | 1.29 |
| Sep 30, 2022 | 1.36 |
| Jun 30, 2022 | 1.29 |
| Mar 31, 2022 | 1.28 |
| Dec 31, 2021 | 1.25 |
| Sep 30, 2021 | 1.21 |